SPC Financial Inc. Has $23.58 Million Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

SPC Financial Inc. reduced its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 254,797 shares of the company’s stock after selling 2,128 shares during the quarter. iShares S&P 500 Growth ETF accounts for 2.2% of SPC Financial Inc.’s portfolio, making the stock its 12th largest position. SPC Financial Inc.’s holdings in iShares S&P 500 Growth ETF were worth $23,579,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in IVW. CarsonAllaria Wealth Management Ltd. raised its position in iShares S&P 500 Growth ETF by 45.5% in the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock valued at $34,000 after buying an additional 125 shares during the last quarter. 1620 Investment Advisors Inc. acquired a new position in iShares S&P 500 Growth ETF during the second quarter worth $34,000. Financial Connections Group Inc. acquired a new stake in iShares S&P 500 Growth ETF in the 2nd quarter valued at $35,000. GPS Wealth Strategies Group LLC lifted its position in iShares S&P 500 Growth ETF by 91.3% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock worth $39,000 after buying an additional 199 shares in the last quarter. Finally, Avondale Wealth Management grew its holdings in shares of iShares S&P 500 Growth ETF by 56.1% in the 2nd quarter. Avondale Wealth Management now owns 434 shares of the company’s stock valued at $40,000 after acquiring an additional 156 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

IVW opened at $95.75 on Tuesday. The business’s 50-day simple moving average is $91.61 and its 200 day simple moving average is $89.00. The firm has a market capitalization of $50.16 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 52-week low of $65.53 and a 52-week high of $97.22.

iShares S&P 500 Growth ETF Company Profile

iShares S&P 500 Growth ETF, formerly iShares S&P 500 Growth Index Fund (the Growth Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500/Citigroup Growth Index (the Growth Index). The Growth Index measures the performance of the large-capitalization growth sector of the United States equity market.